Menu
It has long been an observation from the Open Innovation research group that the ‘outbound’ aspect of OI is massively under-exploited by businesses. So Olaf Gruess, Disruptive Technology Manager & Global Connector at General Mills discussion of ‘enabled supply’ is interesting.
A coworking space could become a collaboration opportunity and enhance innovation by bringing inhouse R&D teams into contact with external networks and start-ups with disruptive technologies.
Intellectual assets are at the core of our business, explains Dr Ronald Hage of Catexel describing how the company has used its technology platform to grow the company. “Originally the technology came from the industrial cleaning, but we have gone far beyond that and developed patents that allow us to support the development of innovative solutions for new applications.
In a recent study among industrial companies that continuously apply the Roadmapping methodology, only 15 per cent were using specific Roadmapping software, while less than a quarter were using Roadmapping for the planning of production technologies. This suggests there is considerable scope for companies to benefit from more effective use of this powerful technique.
Can the estimated sales revenue justify investment in R&D for new product development? A complex question where the Revenue Replacement Rule provides a good answer.
There is a very useful overview of innovation bloggers on the InnovationManagement.se website that they have ranked into a Top 20 list. From a shortlist of 63 blogs, three innovation blog
Procter & Gamble is a global consumer products company, the R&D activities are strongly driven by consumer needs and as a result the clock speed is fast. Many projects complete within six months to a year, with management requiring status reports every two weeks. Dr Hajime Endo now of TouGas Oilfield Solutions compares his experiences at P&G with those of Hoechst to explain how the end customer can drive the culture of an R&D organisation.
Call for papers for the R&D Management Conference 2017 special session Intellectual property management for Sustainable Innovation.
The great thing about having a genuine variety of ideas, is that it very substantially reduces the risk of R&D. This is because variety stimulates creativity and having a genuine choice allows good quality decisions.
Strategic issues and opportunities in the food and drink sector need a joined-up approach to make real progress: sustainability; provenance and obesity can’t be tackled through bi-party relationships alone and this is where open innovation comes into its own.
When Tim Handyside became head of a new innovation management group for BASF’s Construction Chemicals Division he was already an advocate of roadmapping. However, despite the full approval of management, he found implementation challenging. BASF’s experiences are shared by many of the companies taking part in a research project run by STIM Consortium.
Brainstorming often seems simple, but it isn’t, as Anne Miller and Ieva Martinaityte discuss in the first of our podcasts about creativity.